Right LLNS TCP-1 holds $600 Million more than it needs--that's over $150,000 per person for all 3500 TCP-1 participants. LLNS just released the annual funding Notice TCP-1 to beneficiaries. Funding Levels (PVassets/PVliabilities) 2010 154.64% 2011 127.58% 2012 151.59% How the heck can LLNL insist employees contribute 7% to TCP-1, (while LLNS/DOE does not contribute) when it is so overfunded already? The 600M differnce between assets, $1.8B, and liabilities, $1.2B, is over $150,000 per person, growing at a rate of $60,000 per person per year during 2011-2012) This needs to be clearly and transparently explained to employees, with sufficient justification numbers provided so employee number crunchers can verify the arithmetic. At 170% overfunding about 20 years ago, the IRS warned UC that UCRS appeared to be a tax shelter, which is the reason UC suspended employee contributions then. This seems needlessly conservative, even irresponsible to be taking 7% from employee pockets t...